Lower 48 working-rig total gains one: Baker Hughes
The number of rigs working onshore in the Lower 48 U.S. states last week continued to hover around an average 760-rig mark, data from Baker Hughes Co.’s- Joe Barone, Shale Directories
- Blog
- January 27, 2020
Working-gas draw down nearly hits triple digits
The volume of working natural gas pulled from storage during mid-January in the Lower 48 U.S. states reached 3% of total gas stored, the latest weekly survey by the Energy Information Administration reveals.Working-rig count climbs by baker’s dozen
In the last two working-rig surveys, the number of rigs working onshore in the Lower 48 U.S. states has fallen by 13 and,in the latest survey, risen by the same number – the biggest one-week positive move since a 17-rig jump recorded the week ended April 5, 2019.- Joe Barone, Shale Directories
- Blog
- December 10, 2019
O&G down, but certainly not out
It’s not hard to miss the signs: * The onshore Lower 48 U.S. states working-rig count has dropped more than 26% since the first week of 2019.- Joe Barone, Shale Directories
- Blog
- December 3, 2019
Cold weather prompts fuel switching in RTOs
A historic November cold snap sent temperatures below freezing in 75% of the Lower 48 states, with the price of natural gas jumping from less than $2.00 per million British thermal units (MMBtu) on average in October, to a mid-November high of $5.11/MMBtu at the Tetco M3 hub, located in northeast Pennsylvania, in the PJM Interconnection.- Joe Barone, Shale Directories
- Blog
- November 11, 2019
Volume of working gas placed in storage shrinks
The volume of working gas injected into underground storage slowed to the smallest amount in seven months in the latest weekly survey by the Energy Information Administration, Kallanish Energy calculates.- Joe Barone, Shale Directories
- Blog
- November 4, 2019
Stored gas more than half-Tcf higher than year ago
The volume of working natural gas added to storage in the latest Energy Information Administration weekly survey rose by 89 billion cubic feet, bringing this year’s total to more than a half-trillion cubic feet higher than one year ago.- Joe Barone, Shale Directories
- Blog
- October 17, 2019
US crude production to climb from October to November
Crude oil production from the Lower 48 U.S. states’ seven most prolific plays/basins is projected to increase 58,000 barrels per day from October to November, the Energy Information Administration reports in the October Drilling Productivity Report (DPR).Working-rig count keeps falling
The number of rigs working onshore in the Lower 48 U.S. states last week maintained its downward stride, falling for the 14th straight week, and the 24th of the last 26 weeks, Kallanish Energy calculates.- Joe Barone, Shale Directories
- Blog
- September 23, 2019
Working gas added to storage in latest survey
The amount of working natural gas added to underground storage in the latest Energy Information Administration survey pushed the total stored working gas total over 3.1 trillion cubic feet (Tcf).- Joe Barone, Shale Directories
- Blog
- September 16, 2019
Volume of stored working gas still climbing
The volume of working natural gas injected into storage in the latest Energy Information Administration weekly survey rose by less than 3%, Kallanish Energy learns.US working-rig count keeps falling
The number of rigs working onshore in the Lower 48 U.S. states dropped last week for the 11th consecutive week, and the 21st week of the last 23, Kallanish Energy calculates.Working-rig count drops by biggest total in 4 months
The number of rigs working onshore in the Lower 48 U.S. states continues to fall, last week marking the eighth straight weekly drop, the 18th drop in the last 20 weeks – and the biggest one-week drop in four months, Kallanish Energy calculates.- Joe Barone, Shale Directories
- Blog
- July 19, 2019
WildFire Energy I receives over $1B in equity commitments
WildFire Energy I, a startup oil and gas exploration and production company, said Thursday it’s assembled an equity line totaling more than $1 billion from management, funds affiliated with private equity fund Warburg Pincus and investment firm Kayne Private Energy Income Funds.Working-rig total slips slightly
The number of rigs working onshore in the Lower 48 U.S. states dipped slightly last week, the fourth week in the last five where the working-rig total has fallen, data from Baker Hughes, a GE company, reveals.Working-rig count up by one: Baker Hughes
The number of rigs working in the Lower 48 U.S. states last week rose by a single rig following three consecutive weeks of falling numbers, data from Baker Hughes, a GE company reveals.- Joe Barone, Shale Directories
- Blog
- June 10, 2019
Working gas in storage jumps by triple digits
The volume of working natural gas injected into underground storage during the week ended May 31, was the second-highest amount in 2019, and the fifth time this year the volume was measured in triple digits, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 15, 2019
Duc total falls in latest EIA survey
The number of drilled, but uncompleted wells located in the Lower 48 U.S. states’ seven most productive, unconventional basins and plays fell by a half-percent between March and April, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 13, 2019
Working gas stored increases, EIA reports
The volume of working natural gas injected into storage in the Lower 48 U.S. states the week of May 3, slowed from the previous week’s triple-digit increase, but marked the sixth straight week of volume increases, the Energy Information Administration reported.Working-rig count falls for 5th straight week
The number of rigs working onshore in the Lower 48 U.S. states last week fell by two, and brought to five the number of consecutive weeks the count has slipped, data from Baker Hughes, a GE company, reveals.Working-rig count drops for 6th straight week
The number of working rigs onshore in the Lower 48 U.S. states last week fell for the sixth consecutive week, and now is only seven rigs ahead of last year’s total.Working-rig total falls by eight
The number of rigs working onshore in the Lower 48 U.S. states last week dropped by eight units, the latest weekly rig survey from oilfield services firm Baker Hughes, a GE company, revealed.Working-rig total falls slightly
The number of rigs working in the Lower 48 U.S. states fell slightly last week, but remained above 1,000 rigs as it has since the week of May 18, 2018, data from Baker Hughes, a GE company, reveals.- Joe Barone, Shale Directories
- Blog
- February 11, 2019
Polar vortex breaks records in natural gas consumption
Cold weather and a polar vortex covered much of the Lower 48 U.S. states from Jan. 29–31, resulting in record natural gas consumption in the country, the Energy Information Administration reports.Working-rig count slips in latest survey
The number of rigs working onshore in the Lower 48 U.S. states during the week ended Feb. 1, dropped by nine, the latest survey by oilfield services firm Baker Hughes, a GE company, reveals.- Joe Barone, Shale Directories
- Blog
- January 27, 2019